Skip to main content

DAO raises $53 million to free Julian Assange



 "DAOs are now very powerful financial coordination mechanisms that operate outside of the traditional financial system," says Silke Noa. Noa is one of the masterminds behind AssangeDAO , the Decentralized Autonomous Organization (DAO) that recently raised $53 million to free controversial WikiLeaks founder Julian Assange .


Accordingly, Noa describes the collection of donations as a "great success", which also gives a clear indication of the great influence DAOs can have in politics and society in the future. Any potential supporter of Assange can make a donation in the form of Ether ( ETH ) via the DAO and thus become part of the group at the same time.


In return for the donation, AssangeDAO participants will receive the proportional value of the associated governance token JUSTICE. This in turn certifies voting rights that allow members to have a say in how the funds collected are used to support Assange.


"We are sending the clear message that the persecution of Julian has a political price," said Gabriel Shipton, Julian Assange's brother, jubilantly in view of the successful fundraising campaign.


The funds will primarily be used to cover the high legal costs of defending the whistleblower and securing his release from the British prison where Assange has been incarcerated for almost three years.


The WikiLeaks founder recently appealed a verdict that could see him extradited from the UK to the US. He wants to prevent this at all costs, because in the United States Assange may face life imprisonment for publishing secret state documents.


"A best outcome would be if the UK agrees to Julian's appeal and prevents extradition to the US," Shipton said. He adds: "The big goal is that all charges in the US are dropped and that those who brought them stop their hunt for Julian just because he published their classified documents."


The AssangeDAO's funds were raised through a Censored NFT auction, which auctioned artist Pak's Non-Fungible Tokens (NFTs). Including a unique crypto artwork called "Clock" ("clock") and an open work in which each participant could mint their own NFT. The auctioned NFTs are not for sale until Assange is free.


"We have 30,000 collectors who now have an interest in Julian being released so they can resell their NFTs."

My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange! 
BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free! 
LiteCoinPay - The #1 FaucetPay earner for Litecoin 
Upland - Collect Digital Properties & Test Your Skills
LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
FaucetPay - The #1 Microwallet Platform
FREEBTC - The #1 FaucetPay earner for Satoshi's
FaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
DogeFaucet - Dogecoin Faucet
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, USDT, FEY, 25 Claims Daily

Comments

Post a Comment

Popular posts from this blog

From offchain to offchain: Statechains meets Lightning

  Without a doubt, the most significant off-chain Bitcoin solution is the Lightning network. But in its wake, the statechain has emerged as an intriguing replacement. There is currently a proposal to link the two offchain networks. From an ocean, for example, you can see sunbeams glistening in the water, waves rippling, and possibly a jellyfish drifting toward the light. But you only see a small portion of it. The distance from the sea's surface to its bottom is hundreds of meters. It has dozens of different fish species swimming in it, crabs and starfish crawling on the bottom, shells clinging to rocks, and sea plants climbing up. A completely new world starts where your gaze diverges. You can picture a blockchain like Bitcoin, just like the sea. What you see on the outside is only a small portion of what is actually there; the set of UTXOs (coins) and transaction history that full nodes store are just the beginning of a much larger world. It's the plan, at least. With Bitcoin
Post a Comment
Read more

MSP Recovery and Tokenology aim to optimize healthcare with the help of Polygon

  MSP Recovery LLC, a Miami, US-based healthcare provider with an estimated enterprise value of $32.6 billion, is partnering with Web3 company Tokenology to jointly launch a new blockchain platform called Lifechain. Lifechain wants to leverage the verifiable and transparent nature of blockchain technology to aggregate medical care claims, medical expense reports and patient data and streamline their processing. For this purpose, MSP Recovery launched its own LifeWallet in January, which already has 1 million users. In addition to the wallet and blockchain platform, an associated crypto token called LifeCoin is also used. The press release explains that the primary purpose of the system is to enable secondary healthcare providers to more effectively bill health insurance companies for their costs. “The number of medical claims tokenized going forward will surpass $50 million per day by 2024. For this we need scalability, security and sustainability, which we have only found with Polygon
Post a Comment
Read more

British financial regulator criticizes cooperation between Binance and Paysafe

  The British financial regulator FCA has expressed concerns about the partnership between market-leading crypto exchange Binance and payment service provider Paysafe. As the British regulator complains, the partnership gives Binance access to the influential British payment network Faster Payments Service (FPS), from which the crypto exchange was previously cut off. Last June, the FCA ordered Binance to stop all business activities in Great Britain. As a result, prominent banks such as Barclays have terminated their cooperation with the leading crypto trading platform . Through the cooperation with Paysafe, Binance can now again offer deposits in British pounds sterling and transactions within the European Payments Area (SEPA). However, this fact is a thorn in the side of the FCA, as it classifies the crypto exchange as a “considerable risk factor”. However, the financial regulator sees little room for maneuver to counteract this, as the Financial Times reports . “ Paysafe understands
Post a Comment
Read more